Disabled and Elderly Assistive Technologies
Global Disabled and Elderly Assistive Technologies Market to Reach $34 Billion by 2027
In the changed post COVID-19 business landscape, global market for Disabled and Elderly Assistive Technologies estimated at US$23.3 Billion in the year 2020, is projected to reach a revised size of US$34 Billion by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027. Mobility Assistance, one of the segments analyzed in the report, is projected to record a 6.4% CAGR and reach US$9.5 Billion by the end of the analysis period.
The U.S. Market is Estimated at $12 Billion, While China is Forecast to Grow at 8.1% CAGR Disabled and Elderly Assistive Technologies market in the U.S. is estimated at US$12 Billion in the year 2020 and is forecast to reach US$17.3 Billion by the end of the analysis period. China is forecast to reach a projected market size of more than US$2.0 Billion by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020-2027. Among the other noteworthy geographic markets are Asia-Pacific and Rest of World, each forecast to grow at 7.5% and 6.7% respectively over the analysis period.
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